One-fifth of global Bitcoin hash rate is now controlled by listed companies

Cointelegraph

Published Apr 07, 2022 03:45AM ET

Updated Apr 07, 2022 05:20AM ET

A recent report has shown that nearly one-fifth of the total share of Bitcoin’s (BTC) hash rate now belongs to publicly-listed mining companies.

The report, published by Arcane Research, details that publicly-listed Bitcoin mining companies now account for 19% of Bitcoin’s total hash rate, growing considerably from a mere 3% in January l.

Public miner’s share of BTC hash rate
Bitcoin 1 year hash rate: YCharts

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